What is one of an appraiser's obligations with regard to user expectations?

An appraiser's obligation to identify the capacity in which he or she is performing is essential because it establishes the context for the appraisal and helps manage the expectations of the user. This involves clarifying whether the appraiser is acting as a consultant, providing a formal appraisal, or performing any other function. By defining this professional capacity, the appraiser ensures that users understand the nature of the analysis being provided, the scope of the appraisal, and the level of service they can expect.

This obligation contributes to transparency and professionalism, fostering trust between the appraiser and the user. It’s crucial for avoiding misunderstandings about the purpose and use of the appraisal results, effectively setting clear guidelines for what the appraisal will entail and how it can be used.